
Cheap Homes for Rent near Matthews, IN from $400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Matthews.


801-D W Riverside Ave

801-B W Riverside Ave

610 E Dunn Ave

2017 N Glenwood Ave

2009 N Janney Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1229 N Indiana Ave

717 N Mulberry St

2800 W Memorial Dr

1404 S Harrison St

2212 N Hollywood Ave

3000 W Devon Rd
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Matthews, IN Local Guide

How much does it cost to rent a home in Matthews?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Matthews 2 Bedroom Homes for Rent | $1,068 | $750 | $1,400 |
| Matthews 3 Bedroom Homes for Rent | $1,309 | $467 | $2,300 |
| Matthews 4 Bedroom Homes for Rent | $1,605 | $1,325 | $1,975 |
| Matthews 5 Bedroom Homes for Rent | $2,050 | $2,000 | $2,100 |
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Matthews, IN Local Guide
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Cheapest Available Matthews Apartments for Rent and Nearby
 The cheapest available apartment rental in Matthews, IN is a 3 Beds unit found at Muncie Varsity House in the Westacres neighborhood priced from $569. Labor Center Lofts in the School neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $660. Here is today’s list of the most affordable Matthews apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Muncie Varsity House | 3 Bed, 3 Bath Plus | 3BR,3BA | $569 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $660 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| Forest Oaks Apartments | 1 Bed 1 Bath (Down) | 1BR,1BA | $850 |
| 715 E Race St | *Newly Renovated* Premium Style 2-Bedroom Apart... | 2BR,1BA | $850 |
Best Value Apartments for Rent in Matthews, IN and Nearby
As of July 26, 2026 the best value apartment in the Matthews area is the $0.94 price per square foot Pulse 7616 Model at Freedom Acres MHC in the in the Westacres neighborhood starting from $1,139. The second greatest value Matthews apartment is the 3x2 Renovated Model at The Latitude Apartments starting at $1,339 with a $1.14 price per square foot in the North Muncie neighborhood. Here is today’s list of the best values for Matthews apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Freedom Acres MHC | Pulse 7616 | 3BR,2BA | $0.94 |
| The Latitude Apartments | 3x2 Renovated | 3BR,2BA | $1.14 |
| Delaware Acres | Harborview 66 | 3BR,2BA | $0.99 |
| Silvertree Communities | Linden Place | 3BR,2BA | $0.81 |
| Applegate | Two Bedroom 1 Bath | 2BR,1BA | $1.19 |
| Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.67 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $1.09 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $0.85 |
| 715 E Race St | *Newly Renovated* Premium Style 2-Bedroom Apart... | 2BR,1BA | $1.11 |
| *Newly Renovated* Premium Style 2-4 BD Apartment Home | 2 Beds, 1 bath | 2BR,1BA | $0.94 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Matthews, IN
Frequently Asked Questions about Matthews
What type of rentals are currently available in Matthews?
There are currently 50 Apartments for Rent in Matthews, IN with pricing that ranges from $305 to $1,875. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Matthews ranging from $467 to $2,300.
What is the current price range for Rental Homes in Matthews?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Matthews ranges from $467 to $2,300 with an average monthly rent of $1,375.
How much are larger Three and Four Bedroom Rentals in Matthews?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Matthews range from $305 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $467 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,325 and Four Bedroom Apartments start at $449.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.